This is an another money maker -trading in high volumes -not yet started the race -But once moving ahead there is no chance of picking up this tiddler.Join together to enjoy the instant wealth

still watching. likewise, would like to see us the other side of 7p!

has the bluesky deal been dumped?is this the reason for the drop.

drop i would say is just market sentiment not much blue about these days but there has been MM activity and the drop is very small considering recent rises ,long term baring any china economic probs this i would say is a dead cert over time considering what commodity its providing !!

a pretty tight trading band over the last month . i think this will continue until the blue sky deal is resolved one way or another. i think positibe rumours would get the mms walking the price down to collect shares form weak investors . that would be a good sign for me as i have seen this a few times , prices drops then there is good news and prices rockets . been caught a few times myself like that.

I have held fortune oil shares for a number of years they are looking good
set to rise again

i think so too . getting closer to july when the blue sky deal should be completed . should be a nice rise upto then .

A little interest beginning to show rumours of stock building in back ground maybe some hoping but def a share to be watched i think it will move fast poss when deal is done.... dyor

anyone with L2 for FTO just curious !

anybody heard anything . ?

The chart is looking positive at the moment!

Andy

Nice!

Can you do the same for Sterling?

Seawallwalker,

Done, please see SEY thread.

good news today

LONDON (AFX) - Fortune Oil PLC said it has entered into new gas joint venture contracts in China.

In a statement given at today's AGM, the group said it has made good progress this year as it seeks to exploit the growth that is forecast in demand for energy of all types in mainland China. Fortune Oil has already positioned itself to take advantage of this anticipated growth, through its involvement in the Beijing Fortune Huiyuan Gas Company Ltd ('Fu Hua Gas').

The new contracts entered into today are for natural gas reticulation in Qufu old and Qufu new districts, Shandong Province, and in Luquan, Hebei Province.

Fortune Oil also updated on the sale of its interest in the Bluesky Aviation Joint Venture.

Concerning the disposal of Fortune Aviation (which holds a 24.5 pct interest in the Bluesky Aviation joint venture), the company said it continues to monitor the approval process by the State-Owned Assets Supervision and Administration Commission of China. The company is confident that completion will take place before the end of July 2004.

Turning to current trading, Fortune Oil said trading across all of its operations remains encouraging. 'With the continued growth in demand in China for crude oil and natural gas, we are confident both of a satisfactory outcome for the current year and of further growth thereafter as we grow our portfolio of energy infrastructure projects in China.'

anyone know how much they will they get from the sale of bluesky aviation

up 7% starting to look strong

was.

350 tho at end looked good i think this has got lots of way to go i said that with jkx at 20p now 115 or so, sadly i sold halfway up !!

350 tho at end looked good i think this has got lots of way to go i said that with jkx at 20p now 115 or so, sadly i sold halfway up !!

volumne picking up nicely